Notice of the Issuance of the Annual Report

Notice of the issuance of the

Hillsboro Economic Development Council

Annual Report in accordance with ORS 457.460

The statement as required by ORS 457.460 has been prepared in the form of the Hillsboro Economic Development Council (the report). The report is on file at the City of Hillsboro Civic Center and is available online at: http://www.hillsboro-oregon. gov/departments/finance/financial-reports. The Agency received $915,741 in tax increment revenue during fiscal year ended June 30, 2016. Funds were expended for debt service, and a loan issued to a local business for the establishment of a professional theatre in the district. The Agency has budgeted to receive $1,006,000 in tax increment revenue during the current fiscal year ending June 30, 2017 which is planned to be expended for debt service, acquisition of a large lot in downtown for redevelopment, storefront improvement grants, and other renewal activity. Please see the report for more details on the programmatic and financial activities of the Agency and the value it has generated within the community. Publish 03/29 04/05/2017. HT15889957

ad: 15889957

Publication: OPC Legals

Section: OPC Legals

Start Date: 03/31/2017

End Date: 04/07/2017